College is a memorable time for students, in which several notable changes occur, a plethora of knowledge is acquired and several friendships are created. Although college is a fun and educational period, it can be costly. Typical college expenses include, textbooks, lab fees, housing, meals, and of course tuition. According to the College Board Report, the average college student in the U.S. pays $6,585 per school, and the cost continues to increase annually.
In order to assist students, the University of Arizona has implemented an automatic late plan for tuition. The tuition plan was set in place to allow those students waiting for tuition funds to pay their bills in three installments over the course of four months. Those students who do not pay their bills within the first two weeks of the semester, will automatically be enrolled. There are additional costs associated with this plan however. The cost of the plan itself is $75, and students will also pay a $50 late fee as well.
Now is a great time to prepare your students for covering college expenses. I have included several links pertaining to financial aid, scholarships, and tips on saving for college right now.
FAFSA-apply for Federal Financial Aid
FastWeb-view and apply for scholarship opportunities
Education Index-a list of websites with tips for parents and students on saving for college expenses
College Saving Tips-read useful everyday tips for saving money while in college
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